1610 Albemarle Street Saint Paul, MN - Image 11610 Albemarle Street Saint Paul, MN - Image 21610 Albemarle Street Saint Paul, MN - Image 31610 Albemarle Street Saint Paul, MN - Image 41610 Albemarle Street Saint Paul, MN - Image 51610 Albemarle Street Saint Paul, MN - Image 61610 Albemarle Street Saint Paul, MN - Image 71610 Albemarle Street Saint Paul, MN - Image 81610 Albemarle Street Saint Paul, MN - Image 91610 Albemarle Street Saint Paul, MN - Image 101610 Albemarle Street Saint Paul, MN - Image 111610 Albemarle Street Saint Paul, MN - Image 121610 Albemarle Street Saint Paul, MN - Image 131610 Albemarle Street Saint Paul, MN - Image 141610 Albemarle Street Saint Paul, MN - Image 151610 Albemarle Street Saint Paul, MN - Image 161610 Albemarle Street Saint Paul, MN - Image 171610 Albemarle Street Saint Paul, MN - Image 181610 Albemarle Street Saint Paul, MN - Image 191610 Albemarle Street Saint Paul, MN - Image 201610 Albemarle Street Saint Paul, MN - Image 211610 Albemarle Street Saint Paul, MN - Image 221610 Albemarle Street Saint Paul, MN - Image 23

$895,000

7 Beds 8 Baths 5,986 SQFT 0.29 Acres
Type: Contingent

1610 Albemarle Street
Saint Paul, MN 55117

MLS#: 7151644
Julie Harris
Julie Harris
The Real Estate Advantage
Agent
Phone: 952.451.0002
Office: 952.898.5800
Presented by: Investors Realty MN

Property Description

 

Solid all-brick 8-unit apartment building featuring seven 1-bedroom units and one studio, offering a desirable mix for renters. The property has a newer roof, on-site laundry, and off-street parking located behind the building. Conveniently situated within walking distance of shopping, restaurants, a beach, parks, gas station, and public transportation, making this a location that appeals to tenants who value convenience and accessibility. The property is easy to show and easy to rent, making it an excellent opportunity for an investor looking for a well-located multifamily property with a practical unit mix and desirable tenant amenities. This building qualifies as Affordable Housing. A great opportunity to add an established 8-unit property to your investment portfolio.


 

Interior Features

Bedrooms

Total Bedrooms7

Bathrooms

Total Baths8

Other Interior Features

Basement (Y/N)No
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitBalcony
AppliancesRange, Refrigerator
CitySaint Paul
ContingencyInspection
CoolingWall Unit(s)
CountyRamsey
Current UseResidential
DirectionsRice to Wheelock Parkway, W on Wheelock to Albemarle.
Fuel Expense4450
Garage Spaces0
Gross Income90804
HeatingBaseboard
High School DistrictSt. Paul
Insurance Expense5500
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
Net Operating Income75757
New ConstructionNo
Number Of Units Total8
Operating Expense15047
OwnerPaysCommon Area Maintenance, Exterior Maintenance, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Janitorial Service, Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water
PostalCitySaint Paul
Property TypeCommercial Sale
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameRice Street Villas
Tax Annual Amount$15,663
Tax Year2026
Tenant PaysCable TV, Electricity
Trash Expense2971
UtilitiesElectric Separate
Water Sewer Expense2126
Year Built1968
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total5,986 sqft
Foundation Area2,993 sqft
InclusionsBuilding
Lot Dimensions123 x 100
Lot FeaturesCorner Lot
Lot Size Area0 sqft
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$895,000

7 Beds 8 Baths 5,986 SQFT 0.29 Acres
Type: Contingent

1610 Albemarle Street
Saint Paul, MN 55117

MLS#: 7151644
Julie Harris
Julie Harris
The Real Estate Advantage
Agent
Phone: 952.451.0002
Office: 952.898.5800